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About
Foresight Energy LP engages in the production and supply of thermal coal, with focus on operating and developing productive underground mines in the Illinois basin. The firm specializes in the operation and development of mining complexes with long wall mining systems. It invests in the development of and access to logistics and multiple rail carriers as well as other modes of transportation such as river barge and trucks. The company was founded on January 26, 2006 and is headquartered in St. Louis, MO. | |||
Description
Foresight Energy LP engages in the development, mining, production, marketing, transportation, and sale of thermal coal primarily in the eastern United States and internationally. As of March 17, 2017, the company owned four underground mining complexes, including Williamson, Sugar Camp, Hillsboro, and Macoupin, as well as four longwall systems, and the Sitran river terminal on the Ohio River. It controls approximately 2 billion tons of coal reserves in the Illinois Basin. The company sells its coal to electric utility and industrial companies. The company was formerly known as Foresight Energy Partners LP and changed its name to Foresight Energy LP in April 2014. Foresight Energy LP was founded in 2006 and is headquartered in St. Louis, Missouri. | |||
